NFL Media's Kimberly Jones reported Wednesday morning that defensive end Jason Babin agreed to terms with Gang Green, according to a source familiar with the negotiations. The contract is for two years, with the second year being a team option.

The Jets announced the deal early Wednesday. The team also announced that guard Willie Colon and linebacker Antwan Barnes have been placed on the active/physically unable to perform list.

The Jacksonville Jaguars, twice this offseason, cut Babin. The 34-year-old was coming off a productive, 7.5-sack season with 19 quarterback pressures in 2013 but didn't fit with the youth movement in Jacksonville.

Babin can still rush the passer as a situational player. Given Rex Ryan's affinity for getting after the quarterback from multiple levels, Babin is an intriguing addition.